OKBET Online Sportsbook Review

With the support of its interactive entertainment section, Ekxinum Inc. has received a license to help them operate their OKBET Sportsbook brand in the Philippines. The business already has a PAGCOR license, allowing it to provide services to sports bettors around the country.

After receiving their online Sportsbook license, Ekxinum goal is to become the first online Sports operator here in the Philippines. The company is apparently in the process of establishing a platform that will only be accessible to players.

Why OKBET Sportsbook?

You can choose between traditional sports wagering and virtual sports betting when it comes to sports betting. After you have selected your decision, you may look through a wide range of conventional and virtual markets to place your bets.

Easy Registration
Fast & Secured Transactions
Promotions

The odds are more than reasonable, and veteran players can discover value in significant ways.

OKBET broadcasts over 1500 sporting events every week, including major football leagues and basketball tournaments. Football, basketball, and cricket are among the many sports available. Whatever sports you are interested in, OKBET has a selection for you.

PROCESS OF REGISTRATION FOR OKBET

To access the features in OKBET sites, you must make an account.

Open the OKBET website and click JOIN NOW button.

Fill out the OKBET referral code in the designated field. But if you don’t have a referral code proceed with the registration form and make sure it is correct.

OKBET PROMOTION

100% Welcome First Bet Bonus​

Require a minimum bet amount of 100 PHP on FIRST BET Maximum Bonus for each member is 1000 PHP. How It Works

Example here

Valid Bet Amount

Odds

Outcome

100% Bonus

100 PHP

1.50(Euro Odds)

Lose

100 PHP

1500 PHP

0.75(HK Odds)

Win

1000 PHP

Example of Bonus Awarded and 1x Turnover

Bonus

1x Turnover

100 PHP

100 PHP

 

TERMS AND CONDITIONS

The 100% welcome first bet bonus is an offer for the verified OKBET member on their first bet. Only one wager per member is allowed if the player multiple times the first bet is eligible. The minimum stake is 100 PHP, with a maximum bonus of 1000 PHP for each member. For withdrawal, the member must complete the required 1x rollover. If the rollover does not meet within 30 days, the bonuses and winnings will be forfeited.

The First Wager can use for a single bet or a parlay bet, and its minimum odds are 1.50 (Euro), 0.50 (HK), 0.50 (Malay), and -2.00 (Malay) (Indo). To assure a return, you cannot gamble on both sides of an outcome. The incentive does not apply to canceled or refunded bets. The promotion is valid only once OKBET reserves the right to close your account and take your wins and bonuses if there is any suspicion of fraud. Subject to PAGCOR permission, OKBET maintains the right to change, cancel, reclaim, or deny any reward at its sole discretion. In all cases, OKBET decisions are final. OKBET general terms and conditions apply.

Weekly Turnover Reward​

To qualify for the offer, you must have at least 10,000 PHP or more Valid Turnover during the week. Bonus is from 10 PHP up to 5000 PHP.

Bonus award will credit to the member account every Monday before 2 pm.

Tier

Weekly Turnover (PHP)

Bonus %

Amount (PHP)

1

From 10,000 to 50,000

0.10 %

From 10 to 50

2

From 50,001 to 100,000

0.20 %

From 100 to 200

3

From 100,001 to 200,000

0.25 %

From 250 to 500

4

From 200,001 and above

0.30 %

From 600 up to 5000

 

TERMS AND CONDITIONS

The Weekly turnover bonus is the offer for the verified players of OKBET. The player has at least 10,000 or more rational turnover during the week. It will credit to the member account every Monday before 2 pm. OKBET player requires to finish the 1x rollover after he can withdraw. If the bonus requirements do not fulfilled within 30 days, the bonuses and winnings will be forfeited. Cancel and return bets are not qualified for the offer.

Promotion offer per person, household, family, household address, email address, bank account, IP address, or shared computer environment (example: a library, workplace, fraternity, university, or school). In case of any fraud suspicion, OKBET retains the right to terminate your account along with winnings & bonuses. OKBET reserves the right to amend, cancel, reclaim or refuse any prize at its sole and absolute discretion, subject to PAGCOR approval. OKBET decisions in all matters about this promo are final. General OKBET Terms & Conditions apply.

DEPOSIT CASHBACK BONUS

Receive a 2% rebate on every deposit made on the OKBET platform right away!

TERMS AND CONDITIONS

  1. The offer is available to all verified OKBET members.
  2. The account holder agrees that upon registration, a Php 1,000 security deposit must be made which is non-refundable for the next 30 days as required by PAGCOR. After the indicated period is over, the account holder may utilize the said funds at will.
  3. After the security deposit, the minimum succeeding deposit is set at Php 100.
  4. The 2% rebate will be credited to the verified OKBET account within 24 hours after a deposit transaction was made.
  5. OKBET reserves the right to amend, cancel, reclaim or refuse any prize at its sole and absolute discretion, subject to PAGCOR approval. OKBET’s decisions in all matters pertaining to this promo are final.
  6. This promotion is valid until July 2022 unless revoked or extended.
  7. It is required to place a single bet equal to or more than the deposit rebate provided before being allowed to withdraw.
  8. General OKBET Terms & Conditions apply.
OKBET OPEN ACCOUNT AND DEPOSIT PROMO

FIRST DEPOSIT(Php)

BONUS (Php)

REQUIREMENT

1,000

1,000




3x TURNOVER

2,000

1,388

5,000

1,888

10,000

2,888

20,000

3,888

50,000

5,888

Example of Turnover Requirement

First Deposit

Bonus

Deposit + Bonus

3x Turnover Requirement

1,000 Php

1,000 Php

2,000 Php

2,000 x 3 = 6,000 Php

 

 

TERMS AND CONDITIONS

  1. All newly registered players shall ensure that a security deposit of Php 1,000 will be set frozen in their account for 30 days as required by the PAGCOR regulations.
  2. After complying with the security deposit requirement, players must contact the OKBET Online Customer Service Team to be verified via the KYC process and subsequently apply for the bonus.
  3. The bonus amount of this promotion is based on the deposit amount excluding the PHP 1,000 30-day security deposit that will be locked on the user’s wallet.

Example:

Member A made a first deposit of PHP 3,000 and received a bonus of PHP 1,388. In this case, Member A only needs to meet a requirement of PHP 10,164 turnover = [(PHP 2,000 + PHP 1,388) * 3] in order to withdraw.

The security deposit will be unlocked after 30 days and can be withdrawn at will.

  1. This bonus can only be given once per player and must be applied right after a deposit and before any withdrawal is requested.
  2. The Bonus may be used for single bet or parlay bet and the minimum odds of are at least 1.50(Euro), 0.50(HK), 0.50(Malay), -2.00(Indo). You may not bet on both sides of an outcome to guarantee a return. Cancelled and returned bets will not qualify for the offer.
  3. Promotion’s offer is only permitted once per person, household, family, household address, email address, bank account, IP address or shared computer environment (example: a library, workplace, fraternity, university or school). In case of any fraud suspicion, OKBET retain the rights to terminate your account along with winnings & bonuses.
  4. OKBET reserves the right to amend, cancel, reclaim or refuse any prize at its sole and absolute discretion, subject to PAGCOR approval. OKBET’s decisions in all matters pertaining to this promo are final.
  5. General OKBET Terms & Conditions apply.

CUSTOMER SERVICE

OKBET cherishes every one of its clients and is firm provide them with exceptional gaming experiences. You may enjoy a fast and secure gaming environment with OKBET. Very competitive odds, prompt winnings confirmation, quick payouts, and easy access to round-the-clock online betting.

We keep our emphasis on our clients’ demands by adhering to our basic service principles:

  • Always prioritize the customer.
  • Your enjoyment is the foundation of our success.
  • We will continuously endeavor to surpass your assumption.

You can contact OKBET customer service thru live chat.

PAYMENT METHOD

OKBET online sports betting provides its customer with an easy and convenient payment option. Once you make an account with OKBET, you will see the payment option on the website. You can deposit in your account through Bank transfer, Gcash, PayMaya, Dragonpay, Cliqq, and M Lhuillier. The minimum deposit is 500, and for withdrawal, the minimum is 500, and the maximum withdrawal is 1,250,000.

For the first deposit, the player must submit at least 1 valid ID for identification. Once the player is ready to gamble, he must deposit 1000 first, and it will be his security deposit lock and cannot use until 30 days. If the player is ready to play, he should deposit 500 and make a bet in any games OKBET offers.

WITHDRAWAL PROCESS

To withdraw the winning amount, the player must verify his account. How to verify your account? Go to your account and click the verification and submit the required documents. Once the member account is verified, he can now withdraw his funds. The player requests a withdrawal on the OKBET website. Clicks the withdrawal section to proceed with the following process.

Conclusion

OKBET is a secure and Legal website in the Philippines. Owned by Ekxinum Inc. and regulated and licensed by the Philippine Amusement and Gaming Corporation (PAGCOR). OKBET has 24/7 customer support to provide you with satisfactory service.

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